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The Bitcoin cost debate is really the Bitcoin value debate. If you find Bitcoin useful, then the energy used to secure it is not waste.
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Bitcoin is a synthetic commodity that monetizes energy that would otherwise be wasted, such as stranded hydro and flared gas.
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Trusting an exchange without cryptographic proof of its reserves is fundamentally antithetical to the ethos of cryptocurrency.
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Crypto dollars are quietly dollarizing the global south, providing an escape valve for citizens living under hyperinflation.